Q1 EPS Estimates for Lowe’s Companies Reduced by Wedbush

Lowe’s Companies, Inc. (NYSE:LOW) – Equities research analysts at Wedbush dropped their Q1 2026 earnings per share estimates for Lowe’s Companies in a research note issued on Wednesday, February 26th. Wedbush analyst S. Basham now forecasts that the home improvement retailer will post earnings per share of $2.91 for the quarter, down from their previous forecast of $3.18. Wedbush currently has a “Neutral” rating and a $250.00 target price on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Wedbush also issued estimates for Lowe’s Companies’ Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.13 EPS, FY2026 earnings at $12.42 EPS and FY2027 earnings at $13.35 EPS.

A number of other research firms have also weighed in on LOW. Stifel Nicolaus raised their target price on shares of Lowe’s Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Barclays lifted their price objective on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Piper Sandler dropped their target price on Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. Truist Financial cut their target price on Lowe’s Companies from $308.00 to $295.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Finally, Royal Bank of Canada lowered their price target on shares of Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $280.83.

Lowe’s Companies Trading Down 1.2 %

NYSE:LOW opened at $245.64 on Monday. Lowe’s Companies has a twelve month low of $211.80 and a twelve month high of $287.01. The company has a market cap of $138.70 billion, a P/E ratio of 20.49, a P/E/G ratio of 1.96 and a beta of 1.11. The company’s 50-day moving average price is $252.49 and its 200-day moving average price is $259.24.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company had revenue of $18.55 billion for the quarter, compared to analyst estimates of $18.29 billion.

Hedge Funds Weigh In On Lowe’s Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. IFS Advisors LLC acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth about $25,000. Legacy Investment Solutions LLC acquired a new stake in Lowe’s Companies during the 3rd quarter worth approximately $27,000. Winch Advisory Services LLC lifted its holdings in Lowe’s Companies by 56.4% during the 4th quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock worth $30,000 after buying an additional 44 shares in the last quarter. Marshall Investment Management LLC purchased a new position in Lowe’s Companies in the 4th quarter valued at approximately $31,000. Finally, JNBA Financial Advisors grew its stake in shares of Lowe’s Companies by 555.6% in the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.